The Hong Kong Mandatory Provident Fund Schemes Authority welcomed the multi-pronged measures proposed by the Working Group on Promoting Silver Economy and signalled support for proposals to enhance “silver financial and security arrangements”, including exploring how the eMPF Platform can be used to improve scheme members’ understanding of practical retirement financial management as they approach retirement. The authority reiterated its focus on near-retirees in its promotional and educational work and plans to continue public education through multiple channels such as promotional videos and seminars. It also linked the initiative to the eMPF rollout, noting that once all Mandatory Provident Fund trustees are onboard the platform by end-2025, all scheme members will be able to use the full functions of the one-stop digital platform to manage their retirement savings more easily and efficiently, alongside further education programmes for older investors delivered with industry and other stakeholders.
Hong Kong Mandatory Provident Fund Schemes Authority 2025-05-27
Hong Kong Mandatory Provident Fund Schemes Authority backs Silver Economy proposals and plans to use eMPF to strengthen retirement financial education
The Hong Kong Mandatory Provident Fund Schemes Authority endorsed measures from the Working Group on Promoting Silver Economy to enhance retirement financial management for near-retirees, including leveraging the eMPF Platform. The authority plans to continue public education through various channels and aims for full trustee integration into the eMPF by end-2025, facilitating efficient retirement savings management for all scheme members.